27 place 8

425 Ford and BMW drop the dollar on solid-state EV batteries

The Next Web
Ioanna Lykiardopoulou @ The Next Web · 05/04/2021 06:44 EDT

Following Volkswagen Group and Toyota, Ford and BMW are investing big in solid-state battery tech, which promises to be a game changer for EVs. Back in 2019, Ford had already put some money down on the US solid-battery firm Solid Power, but now together with BMW they made an investment of $130 million. And that’s not all. The investment group also includes Volta Energy Technologies, a venture capital firm that partners with the US Energy Department’s Argonne Laboratory to explore energy storage and battery

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